Investment decision
Hi guys,
I hold in my portfolio $ADYEN (-4.7%) with an unrealized gain +75% and I was thinking about selling (right now is 3% of my total portfolio).
Reason to selll:
- I would like to decrase the number of holdings I have in my portfolio and reinvest the amount into Visa or Mastercard (I have an opened position on both these stocks right now).
- Adyen is a very good company, but does it have a moat? Competition is a high risk factor in this field (Braintree from Paypal, Amazon Pay, Shopify pay, Klarna and so on). It seems that every day a new online payment transaction company pops up.
- Can it keep this pace of growth with all this competitors? I am not so sure.
Reason to keep it:
- High ROIC
- Online payment transactions in the future are only going to increase
- Good revenue growth
- Very profitable
- International expansion in Asia and America is at the begininngs.
Should I keep it or sell it?